Corporate finance and governance in stakeholder society: beyond shareholder capitalism

"This book develops a new framework (stakeholder model) that helps understand corporate finance and governance in modern society, where (especially in developed countries) the sources of people's happiness have shifted from monetary to non-monetary factors. The book takes a more comprehens...

Ausführliche Beschreibung

Gespeichert in:
Bibliographische Detailangaben
1. Verfasser: Hirota, Shinichi (VerfasserIn)
Format: Buch
Sprache:English
Veröffentlicht: London Routledge 2015
Schlagworte:
Zusammenfassung:"This book develops a new framework (stakeholder model) that helps understand corporate finance and governance in modern society, where (especially in developed countries) the sources of people's happiness have shifted from monetary to non-monetary factors. The book takes a more comprehensive approach by explicitly incorporating the (monetary and non-monetary) interests of stakeholders and by examining the value creation of corporations from a much broader perspective. Specifically, the book addresses contemporary issues concerning corporate finance and governance all over the world, including: How should we define firm value in stakeholder society? What is the role of modern corporations? What are the principles of corporate financing decisions? To what extent should shareholder rights be enhanced? What determines the effectiveness of the board of directors? How can we understand the diversity of financial and governance systems among different countries? The book will answer these questions theoretically and empirically. "...
Beschreibung:Includes bibliographical references and index
Beschreibung:xiii, 279 Seiten Illustrationen
ISBN:9780415870696
9781138066892